What is Affiliate marketing?
Affiliate marketing is the process by which an affiliate earns a commission
for marketing another person’s or company’s products. The affiliate (you and I) simply searches for a product they enjoy, thin promotes that product and earns
a piece of the profit from each sale they make.
How do I start affiliate marketing as a beginner?
- 1. Decide on a niche. (Meaning, decide one what you’ll be inclined or comfortable with promoting, or what you feel you can handle)
- 2. Choose your platform which is BISMART
- 3. Create valuable content.
- 4. Build an audience. (Through Ads, and lead generations)
- 5. Follow FTC regulations, (FEDERAL TRADE COMMISSION)
After you choose an affiliate marketing program as you have chosen
BISMART, you’ll receive a unique link or code that will allow the companies
to track every customer you send their way. When a customer purchases
the product through your link, you earn a commission
OVERVIEW OF AFFILIATE MARKETING?
This are the major components of affiliate marketing.
- 1. Affiliate: This is an individual who partners with a business in other to make
a commission by referring readers or visitors. - 2. Affiliate Network/ Program: An affiliate network is a business that offers an
affiliate the chance to make money by selling their products, services or
opportunity. BISMART is an example of affiliate network that sells opportunity. - 3. The Buyer: This is the person/individual that is buying the product, service
or opportunity. - 4. Commission: Commission refers the compensation given to the affiliate
after making a sale or after successfully referring a user to the affiliate
program/network.
You can start with AFFILIATE MARKETING from any where in the world, and you
can make a lot of money from affiliate marketing just by promoting the
opportunity, product or service. All you need to start with AFFILIATE MARKETING
is just a good phone and connection to the internet. That’s all you need.
HOW AFFILIATE MARKETING WORKS
STEP 1: AFFILIATE shares Ad/link on their website or socials (Ads, Leads) usually concerning what you’re Affiliating for.
STEP 2: Customer clicks and converts
STEP 3: Conversion is tracked
STEP 4: Affiliate is paid his/her commission
RINSE AND REPEAT AS MANY TIMES AS
POSSIBLE
Because affiliate marketing works by spreading the responsibilities of product
marketing and creation across parties, it leverages the abilities of a variety of
individuals for a more effective marketing strategy while providing contributors
with a share of the profit. To make this work, three different parties must be involved:
1. Seller and Product Creators (the company e.g BISMART)
2. The Affiliate or Advertiser (You and I)
3. The consumer (Your referrals)
Let’s delve into the complex relationship these three parties share to ensure
affiliate marketing is a success:
SELLER AND PRODUCT CREATORS
The seller, whether a solo entrepreneur or large enterprise, is a vendor, merchant,
product creator or retailer with a product to market. Example is BISMART.
The product can be a physical object, like household goods, or a service, like
makeup tutorials or activation codes and skills which are found on BISMART
Also known as the brand, the seller does not need to be actively involved in the
marketing, but they may also be the advertiser and profit from the revenue
sharing associated with affiliate marketing.
For example, the seller could be a commerce merchant that started a drop shipping business and wants to reach a new audience by paying affiliate sites to promote their products. Or the seller could be a Saas company that leverages affiliates to help sell their marketing software.
THE AFFILIATE OR PUBLISHER
Also known as a publisher, the affiliate can be either an individual or a company
that markets the seller’s product in an appealing way to potential consumers.
In other words, the affiliate (you and I) promotes the product (example is BISMART) to persuade consumers & prospects that it is valuable or beneficial to them and convince them to purchase the product.
If the consumer does end up buying
the product, the affiliate receives a portion of the revenue made. Affiliates often
have a very specific audience to whom they market, generally adhering to that
audience’s interests. This creates a defined niche or personal brand that helps
the affiliate attract consumers who will be most likely to act on the promotion.
THE CONSUMER
Of course, for the affiliate system to work, there needs to be sales – and the
consumer or customer is the one who makes them happen. The affiliate will
market the product/service to consumers through the necessary channel (s),
Whether it be social media, a blog or a YouTube video, and if the consumer deems
the product as valuable or beneficial to them, just like how you are convincing
people to join BISMART, then they can follow the affiliate link and checkout on the
merchant’s website.
If the customer does purchase the item which is the activation code, then the affiliate receives a portion of the revenue made.
However, keep in mind that the customer must be aware that you, the affiliate, are
receiving a commission off the product. According to the Federal Trade Commission, an affiliate marketer must clearly and conspicuously disclose their relationship to the retailer, thus allowing the consumer to decide how much weight to give your endorsement.
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A disclaimer such as “The products I’m going to use in this video were given to me by Company X” gives your viewers the information they need and allows them to make an informed decision about whether or not to buy the affiliate product.
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Types of Affiliate Marketing
-
Ways Affiliate may get paid
-
Why be an Affiliate Marketer
So lets begin with
TYPES OF AFFILIATE MARKETING
Its most time not clear if the Affiliate Marketer has used the product or service he/she is marketing or if they’re simply into it for referral commission.
Some times it may not matter to the customer in one way or the other but in some cases like diet products or skin care products the customer may not trust a marketer unless they know that he/she has tested and approved the products themselves.
Let’s take for example someone selling weight gain products, her sales will be poor when she is slim no matter the excuse she gives for her body size, but if after a certain period of time she gains weight and there’s a clear proof of how she was before she started taking her products and how she is now that she has gained after taking her products (Before and after photo), with all certainty her sales will spike up.
Her prospects can see the effects of the products and due to the fact that she tested the products herself, Her prospects would approve it themselves.
Now the types in details:
1 – UNATTACHED
In the unattached business type, The Affiliate marketer has no connection with the product or services they are promoting so it does not matter if they’ve used it or not. Because they’ve not used this products they cannot make claim about its use.
Typically an UNATTACHED Affiliate would run pay-per-click marketing strategy using an affiliate link with the hope that his/her referrals hit the link. While this type of Affiliate Marketing is attractive due to its lack of commitment, its generally for those who simply want to get money without investing in the product or customer relationship.
Let’s take for example Whatsapp TV referral contest, as a participant yours is to get your referral link from the host and ask your contacts to click on your link without bothering if view the WhatsApp Tv’s status or not after hitting the link.
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2. RELATED
This Affiliate marketing is for those who don’t necessarily use the product or services they’re promoting. These affiliates often have some sort of influence in the niche and an established following.
The Social media influencers you see be it IG influencers, Tiktok influencers or Tweeter influencers are all doing RELATED Affiliate marketing.
3. INVOLVED
Here BISMART comes in.
As the name implies, involved Affiliate marketing describes those who are closely tied to the product or service they’re promoting. The Affiliate Marketers have tried the products themselves just as if you’ve tried Bismart and seen that
📌Login bonus
📌Sponsored post bonus
📌Spin lottery
📌Direct referral bonus
📌Indirect referral bonus
📌Withdrawals
Are all working and you trust that it’ll provide a good experience and you have the authority to make claims about its use.
Rather than relying on pay per clicks, INVOLVED Affiliate marketing makes you use your experience on BISMART for marketing and advertisement. Your prospect can trust you as a reliable source of information. Of course this type of marketing requires more efforts and time to build trust and credibility but it’ll result in greater payoffs down the road just as I made 400k in less than 3 weeks on BISMART.
WAYS AFFILIATE MAY GET PAID
1. COST PER LEAD
Lead-is a person who shows interest in the product or service you’re offering. So this makes the person a prospect, but we wont be focusing on this category. In cost per lead Affiliate marketing all you need do is bring a lead and you get paid it does not matter if the person registers or patronize the company.
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2. COST PER SALE
This category deals with selling, in this category you must sell for you to make money. So when you sell, you get a commission for sales made.
3. REVENUE SHARE
Revenue share is a type of business where the company shares the overall revenue with an Affiliate based on the customers the Affiliate referred to the company.
For example BISMART now,
BISMART as an affiliate marketing site seen under “Revenue Share” that rewards her registered members with N1600 per person you successfully refer to their site on Bismart.com.ng through your unique
“affiliate link” seen on your dashboard.
WHY BE AND AFFILIATE MARKETER?
PASSIVE INCOME
Other regular jobs require you to be at work to make money, Affiliate marketing offers you the opportunity to make money while sleeping.
Take for example Bismart indirect ref bonus allows you earn whenever your downlines refer whether you’re online or not. I make at least 2k through indirect ref bonus daily without doing anything and that’s passive income because it doesn’t stop coming.
NO CUSTOMER SUPPORT
The entire Job of Affiliate Marketers is to link the seller to the consumer. In the case of Bismart you link your downlines to Bismart customer care service either on telegram or WhatsApp and they take it up from there. Yours is just to refer, send your downlines our youtube channel link
Bismart YouTube Channel
All the videos they need on how to navigate the site is in the youtube channel above. The management does bulk of the work by arranging contents for adverts and announcements when there’s lag or bug in the site. Yours is just to forward what ever we send to you.
WORK FROM HOME
If you’re someone that hates going to the office, affiliate marketing is the perfect solution. With BISMART even without brushing your teeth or taking your bath right from your bed you can place adverts, register downlines, login, share sponsored post, spin wheel and cashout. How flexible ehn?
COST EFFECTIVE
Most businesses require high start up fee or capital as well as a flow to finance the products. How ever Affiliate marketing can be done at a very low cost. Take for example Bismart Registration fee which is a one time payment of N2500.
Tell me which other business you can start with 2500 and make 400k in less than a month. The is no need to create a product, beginning this line of of work is relatively straightforward.
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INTRODUCTION OF SMART EARNERS TO WHIPSMART PACKAGE
Earning Structure of WHIPSMART PACKAGE on Bismart_
- -Registration fee – N4,000
- -Referral Bonus – N2,600
- – Indirect Referral Bonus- N3,00
- -Daily login – 250BPT
- – SPONSORED POST- 450BPT
- – Sign Up bonus – 2,500BPT
- A user on our N2,500 package can upgrade to the WHIPSMART PACKAGE. If interested, you can purchase the coupon code from one of our coupon Dispatchers at N4,000, then you can use to upgrade your account. (VIDEOS ON THIS WOULD BE DROPPED)
Note that If a user on 2,500 package upgrade to WHIPSMART PACKAGE, The upline of such user earn another referral bonus of N2,600 and Also Such user’s earning proceeds from the normal 2500 package.
Upline can only Earn referral bonus from WHIPSMART PACKAGE Only if such upline upgrades his/her account before downlines
A user can also decide not to upgrade but to have separate accounts for the WHIPSMART PACKAGES
- Minimum Affiliate withdrawal for the WHIPSMART PACKAGE is N5,000 while Minimum Non AFFILIATE withdrawal is 25,000BPT. Days of withdrawal remain the same. Added advantage is that you can reach this faster. The higher the plan, the higher the earnings, the bigger the cashout.
A user on WHIPSMART PACKAGE can reach the SKILLS acquisition requirements faster an Advantage to learn multiple skills.
- A new user can register the WHIPSMART PACKAGE directly by purchasing the activation code of the package
- Someone on 2500 PACKAGE must upgrade before he can refer someone on WHIPSMART PACKAGE, if not, referral bonus will not be added
WHIPSMART PACKAGE WILL BE LIVE ON MONDAY MAY 16TH, 2022.
Are You Ready? Chat me up here on WhatsApp with the word BISMART
For newbies, this is how to operate Bismart website
Check our telegram for more info and videos on how to operate your account
https://t.me/officialbismart
📌 HOW TO LOGIN AND EARN DAILY LOGIN BONUS ON BISMART
https://youtube.com/shorts/anllhMBsDbE?feature=share
📌 HOW TO REGISTER YOUR DOWNLINES/PROSPECTS ON BISMART
https://youtu.be/zhU2wrW7axI
📌 HOW TO LOCATE VENDORS ON BISMART WEBSITE
https://youtube.com/shorts/20RREaCxyQ4?feature=share
📌 HOW TO SHARE SPONSORED POST ON BISMART
https://youtu.be/5vo4V1nVWoo